intense price competition persisted for another year with low-price offerings continuing across the industry to acquire and retain customers causing ARPU to decrease -8.2%YoY and -2.5%QoQ. Significant Event
production rate was 104.3 KBD or 87% utilization rate of the total refinery production capacity. Also, due to significant declines in crude oil price during this quarter, the refinery business was led to
Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk
acquisition of NDR regarding to the Capital Market Supervisory Board An nouncement TorJor 20/2551 about the regulation on significant transactions subjecting to be an acquisition or disposition of assets
regarding to the Capital Market Supervisory Board Announcement TorJor20/2551 about the regulation on significant transactions subjecting to be an acquisition or disposition of assets, effective on August 31
maximum. This transaction is categorized as the asset’s acquisition of NDR regarding to the Capital Market Supervisory Board Announcement TorJor 20/2551 about the regulation on significant transactions
quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant
provisioning expenses, risk calculation, capital maintenance and their overall business operations, during the rest of this year. 1.3 Regulatory Changes Significant regulatory changes in the first quarter of
No. TorChor. 20/2008 Re: the Criteria for Making Significant Transactions that are Considered as the Acquisition or Disposal of Assets, dated 31 August 2008 (including the amendments thereof) and the
of the two companies together. For Q1/2020, there are important factors and significant events in various aspects, such as the depreciation of the Thai Baht against the US Dollar, the decrease in price